Harmony’s NYSE trading price improves

February 2, 2016

Harmony Gold’s American depositary receipt (ADR) trading price on the NYSE has lifted above the noncompliance threshold. In September, the company’s ADR price had continually traded below the bourse’s continued listing standard, which required a minimum average closing price of no less than $1 per ADR over 30 consecutive trading days, triggering a NYSE notification setting out that Harmony would have to regain compliance within six months.

Harmony’s NYSE trading price improves

February 2, 2016

Harmony Gold’s American depositary receipt (ADR) trading price on the NYSE has lifted above the noncompliance threshold. In September, the company’s ADR price had continually traded below the bourse’s continued listing standard, which required a minimum average closing price of no less than $1 per ADR over 30 consecutive trading days, triggering a NYSE notification setting out that Harmony would have to regain compliance within six months.